Latest news with #BBGI
Washington Post
07-05-2025
- Business
- Washington Post
Beasley: Q1 Earnings Snapshot
The radio broadcaster posted revenue of $48.9 million in the period. The Naples, Florida-based company said it had a loss of $1.50 per share. NAPLES, Fla. — NAPLES, Fla. — Beasley Broadcast Group Inc. (BBGI) on Wednesday reported a first-quarter loss of $2.7 million, after reporting a profit in the same period a year earlier. Beasley shares have decreased 41% since the beginning of the year. The stock has decreased 61% in the last 12 months.
Reuters
06-02-2025
- Business
- Reuters
Luxembourg-based investment firm BBGI to be bought in $1.32 billion deal
Feb 6 (Reuters) - Canada's British Columbia Investment Management Corp will buy Luxembourg-based investment firm BBGI Global Infrastructure S.A. (BBGIB.L), opens new tab in a deal valuing the company at 1.06 billion pounds ($1.32 billion), the companies said on Thursday. BBGI shareholders will get 147.5 pence-per-share in cash, a premium of 21% to the stock's closing price on Wednesday. BBGI, whose portfolio includes projects such as bridges and tunnels, besides education and health care facilities, said its board has recommended that shareholders vote in favour of the deal. ($1 = 0.8013 pounds) Get the latest news and expert analysis about the state of the global economy with the Reuters Econ World newsletter. Sign up here.
